Lumen Technologies, Inc. (LUMN)
NYSE: LUMN · Real-Time Price · USD
5.92
-0.14 (-2.31%)
At close: Dec 20, 2024, 4:00 PM
6.00
+0.08 (1.35%)
After-hours: Dec 20, 2024, 7:56 PM EST
Lumen Technologies Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Lumen Technologies stock have an average target of 4.89, with a low estimate of 2.00 and a high estimate of 8.00. The average target predicts a decrease of -17.40% from the current stock price of 5.92.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for LUMN stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 7 | 7 | 7 | 6 | 6 |
| Sell | 1 | 3 | 3 | 2 | 2 | 2 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 10 | 10 | 9 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $4 → $4.25 | Hold | Reiterates | $4 → $4.25 | -28.21% | Dec 20, 2024 |
| Citigroup | Citigroup | Hold Maintains $6.5 → $8 | Hold | Maintains | $6.5 → $8 | +35.14% | Nov 29, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | +1.35% | Nov 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $4.5 → $5 | Hold | Maintains | $4.5 → $5 | -15.54% | Nov 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $4 → $4.5 | Hold | Maintains | $4 → $4.5 | -23.99% | Oct 4, 2024 |
Financial Forecast
Revenue This Year
13.24B
from 14.56B
Decreased by -9.05%
Revenue Next Year
12.58B
from 13.24B
Decreased by -4.99%
EPS This Year
-0.36
from -10.48
EPS Next Year
-0.68
from -0.36
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 13.7B | 13.2B | 12.8B | |||
| Avg | 13.2B | 12.6B | 12.3B | |||
| Low | 12.7B | 11.9B | 11.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -6.0% | -0.6% | 1.9% | |||
| Avg | -9.1% | -5.0% | -2.6% | |||
| Low | -12.9% | -9.8% | -8.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.35 | -0.24 | -0.12 | |||
| Avg | -0.36 | -0.68 | -0.31 | |||
| Low | -0.37 | -1.21 | -0.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | - | |||
| Avg | - | - | - | |||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.